Cardiff Marine orders two aframaxes

Cardiff Marine orders two aframaxes

Athens: Economou-led Cardiff Marine has ordered two 115,000-dwt aframax tankers from China’s Jiangsu Hangtong shipyard for $46.5m each for delivery in 2017.

The contract includes options for two further vessels, according to brokers’ reports.

The deal comes in addition to a four-vessel order Cardiff placed at the yard in early July for four aframaxes at the same price, also for 2017 delivery.

Including this order, Cardiff’s firm tanker orderbook now stands at 10 aframaxes, plus two MRs and two suezmaxes.

The Athens-based owner is also awaiting delivery of eight capesize bulk carriers and two 11,000-teu ‘new panamax’ containerships.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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